BCHUSD ❕ pivot pointThe price is in the oversold zone of the RSI indicator (4H TF)
TD Sequential has formed an upward reversal signal (1H TF)
I expect that BCH may rise if it overcomes the resistance level.
BCHUSDT trade ideas
BCHUSDT CRAB + ABCDCrab
The Crab Pattern is a volatile 5-point extension structure that was discovered by Scott Carney in 2000. It has specific Fibonacci measurements for each point within its structure and it is important to note that D is not a point, but rather a zone in which price is likely to reverse, called the Potential Reversal Zone (PRZ). The B point retracement of the primary XA leg lies between 0.382 and 0.618 and the PRZ consists of 3 converging harmonic levels: 1) 1.618 extension of the primary XA leg, 2) AB=CD pattern, either equivalent, 1.27 or 1.618 and 3) Extreme BC projection of 2.24, 2.618, 3.14 or 3.618.
The first target would be the 382 retracement of AD and the second target the 618 retracement of AD. Common stop levels lie behind the next structure level after the D point or the 2.0 extension of XA. Conservative traders may look for additional confirmation. These patterns can be bearish and bullish. TradingView has a smart XABCD Pattern drawing tool to visually identify 5-point reversal structures on a chart.
The ABCD is a basic harmonic pattern. All other patterns derive from it. The pattern consists of 3 price swings. The lines AB and CD are called “legs”, while the line BC is referred to as a correction or a retracement. AB and CD tend to have approximately the same size.
A bullish ABCD pattern follows a downtrend and means that a reversal to the upside is likely. A bearish ABCD pattern is formed after an uptrend and signals a potential bearish reversal at a certain level. The rules for trading bullish and bearish ABCD patterns are the same, you will just need to take into account the direction of the pattern you trade and the movement of the market it predicts.
Likes and comments if you have questions! 🍌
Thanks!
BCHUSD ❕ support zonePrice and RSI chart forms a bullish divergence (4H TF)
BCH tests 50EMA as support (1H TF)
I expect price to bounce if it fixes above the support zone.
BCHUSDT is testing the supportthe price is testing the support.
If the price is going to lose it, According to Plancton's strategy , we can set a nice order
–––––
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ black structure -> <= 1h structure.
–––––
Follow the Shrimp 🦐
BCHIdea: The price has formed a downward channel - a bearish pattern. Breakout of the lower border of the pattern will be a strong bearish signal
BCHUSD ❕ gravestoneTrading volumes are down.
Price is testing 50EMA as support and 200EMA as resistance (4H TF)
BCH and RSI chart formed a hidden bearish divergence (30m TF)
I expect a decline if the asset holds below the resistance level.
BCHUSDT Over All Moving In Descending Broadening Wedge
for Bulls Bch Needs To Break Both Black trendlines
Once Trendlines Got Cleared Can Expect Massive Bulish Moves
Bitcoin Cash Lags Behind But Not For 10X Long (85% Possible)We are seeing how Bitcoin Cash (BCHUSDT) is lagging behind some other altcoins but we believe this won't continue to be true for long.
The early/mid November shake-out has been completed and what follows is a bullish jump.
Today BCH moves above EMA10 after multiple days of consolidation.
The RSI is still weak but the short-term bias is pointing up.
The easy target is set at 20% or $133.
The next target on a higher high is $208.
We are active with 10X on this one.
You can find more high-risk lev. trades in the "Related Ideas" below.
Thank you for reading.
Namaste.
BCHUSD ❕ broke up the triangleBitcoin Cash is now trading near the liquidity control point.
The asset made a breakout of the triangle on the growth of trading volumes.
Price successfully tested 200EMA as support (4H TF)
I expect the price of BCH to rise if the support level is hold.
BCHIdea: Price is trying to hold above the daily 50 MAs and break through the daily 100 MAs. A symmetrical triangle is formed. Breakout of 50 MAs would be a strong bearish signal
Coinbase to delist Bitcoin Cash (BCH) from Coinbase Wallet last chart
Coinbase to delist Bitcoin Cash (BCH), Ethereum Classic (ETC), XRP (XRP), and Stellar (XLM) from Coinbase Wallet!
My price targets:
BCH/USDT short
Entry Range: $108 - 113
Price Target 1: $88
Price Target 2: $79
Price Target 3: $70
Stop Loss: $129
BCHUSDT | SETUPBCHUSDT has been trading with in a symmetrical triangle.
The price has been converging.
Now the price is currently trading at rising support.
The bulls can show momentum at this level.
The bulls need to hold the support.
While break below triangle will be all over for bulls.
Manage your trades accordingly.
Bitcoin cash big long alertRsi positive acceleration. Macd narrow. Volume low. Trend lanes touch to cross. Wait for big bang
BCH Bull Flag, $150 soon?Hi Tradingview,
BCH Is currently trading in a bull flag pattern. This is bullish and we are looking for a break above the (RESISTANCE 1) line. We can also see a bullish crossing on the TSI indicator, we are using this as entry confirmation.
Bitcoin Cash Strong | Daily & Weekly TimeframesIt may look weak but it isn't...
Trading above EMA50 is very strong for the bulls.
We even have a bullish cross forming for Bitcoin Cash vs Tether (BCHUSDT) between EMA10 and EMA50.
On the weekly timeframe, BCHUSDT is now trading above EMA10 after 4.5 months of sideways (consolidation)...
After consolidation comes the bullish break.
Namaste.
BCH/USDTBCH/USDT
Formed a descending angle pattern.
I think it can hit the bottom of the channel once more.
The targets are clear in the picture.
BCHIdea: The price is trying to break the 100 EMA and the downtrend line. The price will fall to the level of $105 in a bearish scenario or rise to 100 MA in a bullish scenario
16$ BCH is coming Do not trust these bear rallies. BCH is on a heavy decline and isn’t being used as people like Rog may make you believe. Target is 16$ then eventually 2$
Thanks and take care
Bitcoin Cash | Not Ready, Not yet; Potential For LowerYesterday Bitcoin Cash (BCHUSDT) tried and failed to move above EMA10 and EMA21.
We see this rejection coupled with high bear volume.
Today we are seeing prices growing below EMA10; bearish growth.
This is bad news as EMA10 is our main indicator to gauge the short-term potential of any cryptocurrency trading pair.
We can also see EMA50 or $110 as a strong barrier, this is the level to break for positive CHANGE.
Any trading below $104 and we can expect lower prices...
Targets: $95 is possible but even $80 is on the cards and lower...
Let's wait for the bottom!
After we hit bottom, we definitely will have long-term growth... That's the meaning of bottom, it can't go lower and this will be set in the next few weeks, maximum a few months.
See the related trade ideas for more.
Remember, I am always grateful for your continued support.
Namaste.
BCHIdea: The price is forming a bearish wedge. The price may rise to the upper border of the wedge and the daily 50 MA and EMA, then the downtrend will continue
BCHUSD ❕ trading in rangeBitcoin Cash is trading in the liquidity zone.
RSI chart is in the sellers zone (4H, 1H and 30m TFs)
At 30m Timeframe 50EMA and 200EMA form a "Death Cross"
I expect a fall should the price fix below the indicated support level.
#BCH/USDT 4Hr UPDATE Hello, welcome to this BCH/USDT 4Hr chart update by CRYPTOSANDERS.
I have tried to bring the best possible outcome to this chart.
Show some support, hit the like button, and follow and comment in the comment section. this motivates me to bring this kind of chart analysis on a regular basis.
CHART ANALYSIS:-Bitcoin cash (BCH) raced to a one-week high on Wednesday, despite cryptocurrency markets mostly trading lower.
Following a low of $103.09 on Tuesday, BCH/USD surged to an intraday peak of $109.09 earlier in today’s session.
The move saw BCH hit its highest point since November 8, when the token was trading close to a high of $120.00.
As can be seen from the chart above, today’s high saw bitcoin cash move closer to a key resistance level of $110.00.
The 14-day relative strength index (RSI) also rose higher, with the index breaking out of a ceiling of its own.
Currently, the index is tracking at 46.52, which is above the aforementioned ceiling of 45.00.
This is not a piece of financial advice.
Hit the like button if you like it and share your charts in the comments section.
Thank you
